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How to Navigate ESG Risk with Supplier Management Software

QAD

The goal, from a manufacturing perspective, is clear: learn how to do more with less as efficiently as possible while maintaining profitability and complying with due diligence legislation. In a recent BearingPoint survey, a whopping 85% of companies attribute their move to sustainable procurement practices to government regulations.

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Sourcing and Procurement: One but Not the Same

Precoro

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

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Four Key Strategic Sourcing Benefits

QAD

Recent business turbulence has increased the awareness among manufacturers for improved communication and collaboration with suppliers. This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers.

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2021: Manufacturing, a Year in Review

QAD

QAD CMO Carter Lloyds described shipping delays, energy issues/sustainability challenges and the Carbon Bubble as three major industry disruptors affecting manufacturers. Lack of real-time communication between the manufacturing enterprise suppliers, third-party logistics providers and consumers. Automotive.

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Demystifying Transportation Sourcing – A Practitioner’s View

EC Sourcing Group

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. Think strategically about transportation spend.

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Demystifying Transportation Sourcing – A Practitioner’s View

EC Sourcing Group

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. Think strategically about transportation spend.

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Eliminate the Bullwhip Effect – Communicate with Your Suppliers

QAD

Exacerbated by the pandemic, global supply chain challenges have included manufacturing lockdowns, labor issues across all sectors, transportation challenges ranging from port backups to a lack of truck drivers, and rapid and sudden changes in consumer demand. Price fluctuations and discounts resulting in increased purchases.